Employment Rate: Aged 15-64: All Persons for the European Union
Annual, Not Seasonally Adjusted
LREM64TTEUA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
69.25
Year-over-Year Change
6.21%
Date Range
1/1/2005 - 1/1/2019
Summary
This trend measures the annual, not seasonally adjusted unemployment rate in the United States. It provides important insight into long-term labor market trends and is closely monitored by economists and policymakers.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The annual, not seasonally adjusted unemployment rate tracks the percentage of the civilian labor force that is jobless but actively seeking employment. This broad metric offers a valuable perspective on the overall health and stability of the U.S. economy over time.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The unemployment rate is a key indicator used to inform economic and monetary policy decisions.
Key Facts
- The annual unemployment rate reached a high of 9.3% in 2010 during the Great Recession.
- The rate has trended downward since the financial crisis, falling to 3.7% in 2019.
- Long-term changes in the unemployment rate can indicate shifts in the strength of the overall economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted unemployment rate in the United States, representing the percentage of the civilian labor force that is jobless but actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The annual unemployment rate is a key indicator of the overall health and stability of the U.S. labor market and economy, providing valuable insights for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The unemployment rate is closely monitored by the Federal Reserve and other policymakers to inform decisions on monetary policy and economic interventions.
Q: Are there update delays or limitations?
A: The annual unemployment rate data is published with a relatively short delay and provides a comprehensive view of long-term labor market trends in the United States.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LREM64TTEUA156S), retrieved from FRED.